05-31-2019, 08:24 AM | #1 |
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Drives: '20 M2 Competition & '18 X1
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Thoughts on extended warranty?
Hi everyone,
I came across a post on one of my local forums with someone asking about extended warranty. This raised a question in my mind... is extended warranty worth it for the M2C? I plan to keep this vehicle for a long time (at least beyond the 4-year, warranty). It will be my first true M-car and I know how expensive things can get. Despite the seemingly reliable S55, I know other things can go wrong. I'd love to hear all your thoughts on this matter. I'd also be interested to hear about anyone elses experience with extended warranties, in terms of pricing and length. Thanks!
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2020 BSM M2 Competition | Blue Stitching | 6MT | Sunroof | My M2C European Delivery Story! | AA EL Midpipe | TMS Skid Plate
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05-31-2019, 12:55 PM | #2 |
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See:
Extended warranty? https://f87.bimmerpost.com/forums/sh....php?t=1605399 Extended Warranty, worth it? https://f87.bimmerpost.com/forums/sh....php?t=1613610 Extended Warranty and Service Plan https://f87.bimmerpost.com/forums/sh....php?t=1521309 Are extended warranties worth it? https://f87.bimmerpost.com/forums/sh....php?t=1290489
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Wife's Car: 2020 X4M Competition, Alpine White on Black Alcantara and Biege
Current Car: 2018 F80 M3CS, SMB, DCT, ZEC, MPE Recently Departed: 2020 F87 M2C, LBB, ZEC, 6MT (Euro Delivery Aug. 29, 2019, totaled by an idiot in a Camry who then ran from the scene) Wife's Prior Car: 2018 F80 M3, Yas Marina Blue, DCT, Black 19s, Carbon Structure Anthracite Cloth/Leather Combination, Driving Assistance Package (Euro Delivery Oct. 9, 2017) |
06-04-2019, 09:29 AM | #3 | |
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Drives: '20 M2 Competition & '18 X1
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Quote:
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2020 BSM M2 Competition | Blue Stitching | 6MT | Sunroof | My M2C European Delivery Story! | AA EL Midpipe | TMS Skid Plate
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06-04-2019, 09:33 AM | #4 |
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Drives: '20 M2 Competition & '18 X1
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Extended Warranty Quote
I was quoted these prices from my local BMW (Canada) Dealership. In case anyone needs a reference:
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2020 BSM M2 Competition | Blue Stitching | 6MT | Sunroof | My M2C European Delivery Story! | AA EL Midpipe | TMS Skid Plate
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10-16-2019, 08:54 AM | #5 |
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I too am not usually one for an extended warranty, as they are obviously a money-grab for the dealer and they are charging you more than what the average car will require in service/repairs over the useful life of the car / warranty term... but my dealer convinced me to purchase a 100k mile, unlimited term extended warranty for my 2020 M2C for an additional $3,400.
Given my minimal plans for modifying the car and intention for keeping it for a long time, it seemed like a no brainer for peace of mind. Additionally, if I were to choose to sell the car down the line, the warranty is fully transferable to the next owner. |
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10-23-2019, 03:04 PM | #6 | |
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11-08-2019, 11:08 AM | #7 |
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I don't have the documentation in front of me unfortunately, but will check with I get home - I believe it's 3rd party, but it was sold to me by the sales associate when signing the final documents for the car (and paying for it) ~2 weeks prior to leaving for Euro Delivery.
I know that it can be serviced for any claim with $100 deductible (after the 4yr/50k mi factory warranty is up) at ANY BMW dealership in the USA or Canada under this extended warranty, for unlimited term and 100k miles. |
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